Reports claim that Apple is expected to hold its media event on October 4, unveiling the company’s new iPod line of audio gadgets and the much-awaited iPhone 5. According to All Things D, its sources said that the company’s new chief executive officer, Tim Cook, will do the honors of announcing its new products. However, the article said that “Apple could...

In a surprising development in Cupertino, Apple’s co-founder and Chief Executive Officer Steve Jobs has resigned from his post, with the board naming Apple Chief Operating Officer Tim Cook as his replacement. Jobs, in a letter, has asked the board if he could still continue working with Apple as its chairman of the board. “Steve‚Äôs extraordinary vision and...